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  3. which of the following is true about budgets? o th

Which of the following is true about budgets? O The incremental approach (e.g. "add 10%...

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Accounting

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Which of the following is true about budgets? O The incremental approach (e.g. "add 10% to last year's budget to determine next year's budget) is best for budgeting O The input/output approach to budgeting is best for budgeting corporate overhead. O The zero based budget is the best approach for budgeting O Activity based approach to budgeting is best for estimating the direct materials and direct labor for a product

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